M&A Deal Summary

Gran Tierra Energy Acquires Petroamerica Oil

On November 12, 2015, Gran Tierra Energy acquired oil/gas exploration company Petroamerica Oil

Acquisition Highlights
  • This is Gran Tierra Energy’s 4th transaction in the Oil/Gas Exploration sector.
  • This is Gran Tierra Energy’s 2nd transaction in Canada.
  • This is Gran Tierra Energy’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2015-11-12
Target Petroamerica Oil
Sector Oil/Gas Exploration
Buyer(s) Gran Tierra Energy
Deal Type Add-on Acquisition

Target

Petroamerica Oil

Calgary, Alberta, Canada
website
Petroamerica Oil Corp. is an oil and gas exploration and production company. Petroamerica Oil Corp. is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Gran Tierra Energy

Calgary, Alberta, Canada

website

Category Company
Founded 2003
Sector Oil/Gas Exploration
Employees322
Revenue 711M USD (2022)
DESCRIPTION

Gran Tierra Energy is an international oil and gas exploration and production company headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. The Company currently holds interests in producing and prospective properties in Colombia, Peru and Brazil. Gran Tierra Energy was founded in 2003 and is based in Calgary, Canada.

DEAL STATS #
Overall 5 of 6
Sector (Oil/Gas Exploration) 4 of 5
Type (Add-on Acquisition) 3 of 4
State (Alberta) 2 of 2
Country (Canada) 2 of 2
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-11 Petrolifera Petroleum

Calgary, Alberta, Canada

Petrolifera Petroleum manages in the exploration, development and production of oil, natural gas, and natural gas liquids in South America.

Buy $55M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 Petrolatina Energy

London, United Kingdom

Petrolatina Energy PLC is a private, independent oil and gas exploration, development and production company with a long-term focus on, and commitment to, Latin America. With operations in Colombia, PELE has certified 2P (proven and probable) reserves of over 64 million barrels of oil, with a daily gross production of close to 7,000 barrels.

Buy $525M
Mergr

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